Day: December 16, 2020

The African Continental Free-Trade Area could help to realize more than $84 billion in untapped intra-African exports, a new report by the African Export-Import Bank reveals. Trade under the pact is due to begin from January 1, and if the export potential is tapped under the deal, intra-continental trade could rise to more than $231…

Nigeria’s inflation sharply rose to a three-year high in November as food prices increased due to dollar shortages, insecurity in farmlands, and supply bottlenecks fuelled by the COVID-19 pandemic. According to the National Bureau of Statistics, consumer prices jumped 14.9% from the previous year, compared with 14.2% in October. The food index, which accounts for…